(Reuters) -Shares in three of the “Magnificent Seven” companies with significant investments in artificial intelligence were mixed in after-hours trade on Wednesday after the mega caps released third quarter earnings. Shares in Google-parent Alphabet rose 6.2% after the company beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and…
(Bloomberg) — In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback. Most Read from Bloomberg Elon Musk, an…
NEW YORK (AP) — Microsoft says users of its Azure cloud portal may be not be able to access Office 365, Minecraft or other services due to issues with its global content delivery network services. The tech company posted a note to its Azure status page that its teams are currently investigating issues related to…
(Reuters) –Microsoft‘s Azure and its suite of productivity software were down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. Azure was down for over 16,600 users and Microsoft 365 was down for nearly 9,000 users, according to Downdetector, which tracks outages by collating status reports from a number of sources. “We…
By Niket Nishant (Reuters) –Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom. Shares of the Santa Clara, California-based company jumped 2.8% in premarket trade after…
RIYADH (Reuters) –OpenAI‘s Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week’s deal with Microsoft allows the company to continue raising capital in a much less complex manner. Friar also said that OpenAI’s intention to collaborate with governments globally to deploy its technology could enhance the United States’ soft power. (Reporting…
Bill Gates, once one of the most prominent voices warning that climate change could spark catastrophic destruction and even threaten civilisation, has shifted to a more optimistic outlook. In a new blog post, the Microsoft co-founder argues that global warming, while still a major challenge, will not lead to humanity’s extinction. Instead of “doomsday narratives”,…
Big Tech’s earnings season continues in earnest after the bell on Wednesday with Google (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) set to announce their results, followed by Amazon (AMZN) and Apple (AAPL) on Thursday. It’s a murderers’ row of announcements that are sure to influence the market’s direction in the days ahead. We’ll still,…
Oct 27, 2025 According to data from AP, Strive Inc. led Nasdaq trading volume on October 27, 2025, with over 441 million shares traded. The stock reached a high of $1.59 and closed at $1.575, marking a gain of $0.475 for the session. Co-Diagnostics Inc. also saw heavy trading with a volume exceeding 342 million…
London: Former prime minister Rishi Sunak on Sunday began a new role as a newspaper columnist with some advice for the government ahead of the UK budget next month, cautioning Chancellor Rachel Reeves against resorting to tax rises to bolster the nation’s finances. Writing in ‘The Sunday Times‘, the 45-year-old former chancellor in the Conservative…